Quick charity verification for Pope Memorial Library (EIN: 20243058)
Verdict: Pope Memorial Library appears trustworthy
85/100Mission Score
$1.8MRevenue
$7.8MAssets
2Red Flags
4Strengths
Red Flags
Significant year-over-year revenue volatility, making financial planning potentially challenging.
Expenses exceeded revenue in 2023, indicating an operating deficit for that period.
Strengths
Consistently strong asset base, reaching over $7.5 million in 2023.
Zero officer compensation reported across all filings, indicating high efficiency in directing funds to mission.
Consistent filing of IRS Form 990s, demonstrating transparency.
Low liabilities in most years, indicating good financial management.
Spending Breakdown
How Pope Memorial Library allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Pope Memorial Library
Is Pope Memorial Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Pope Memorial Library (EIN: 20243058) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Pope Memorial Library a good charity to donate to?
Pope Memorial Library has a Mission Score of 85/100. Revenue: $1.8M. Assets: $7.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Pope Memorial Library?
The Employer Identification Number (EIN) for Pope Memorial Library is 20243058. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Pope Memorial Library spend its money?
Pope Memorial Library allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Pope Memorial Library's tax-exempt status?
You can verify Pope Memorial Library's tax-exempt status using EIN 20243058 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Pope Memorial Library demonstrates a generally strong financial position with substantial assets relative to its annual expenses. The organization's revenue has shown significant fluctuations over the past few years, with a notable peak of $2,603,364 in 2020 and $2,252,957 in 2022, contrasting with $255,997 in 2023. Despite these variations, the library consistently maintains a healthy asset base, reaching $7,530,042 in 2023. Spending efficiency appears reasonable, with expenses generally well below revenue in most years, indicating a capacity to build reserves or invest in long-term assets. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, and the absence of reported officer compensation suggests a volunteer-led or very lean administrative structure, which can be a positive indicator of resource allocation directly to mission-related activities.
However, the 2023 filing shows expenses ($357,337) exceeding revenue ($255,997), resulting in a deficit for that year. While this single year's deficit is manageable given the substantial assets, it warrants monitoring to ensure it's not a recurring trend. The organization's liabilities have generally been low, with a notable spike to $550,196 in 2020, which then decreased significantly. The consistent reporting of 0% officer compensation across all available filings is a significant strength, indicating that all funds are directed towards operational costs and programs rather than executive salaries. Overall, the library appears to be a financially stable entity, effectively managing its resources to support its mission, though recent revenue volatility and the 2023 deficit should be observed.